Simpson Manufacturing (SSD) Misses Q1 EPS by 7c

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Simpson Manufacturing Co., Inc. Announces First Quarter Results

April 23, 2015 5:00 PM EDT

PLEASANTON, Calif., April 23, 2015 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD) today announced its first quarter 2015 results.

Results of Operations for the Three Months Ended March 31, 2015, Compared with the Three Months Ended March 31, 2014.

Overview

Net sales increased 4.9% to $176.5 million in the first quarter of 2015 from $168.3 million in the first quarter of 2014. The Company had net income of $10.1 million in the first quarter of 2015 compared to $12.1 million in the first quarter of 2014. Diluted net income per common share was $0.20 for the first quarter of... More